Subject To/Seller Financing and the SAFE Act & Dodd Frank
Hi, I'm planning on launching a direct mail campaign and hopefully there will be leads in which I can use Subject To and Seller Financing to solve problems and get some cash flow.
My concern is what the limitations are to these transactions as they relate to this legislation. I've been checking other threads and it seems to become very convoluted very quickly!
Can someone share what are the biggest things to watch out for in the interest of compliance? Is it the number of these transactions per year? Full disclosure to the seller? I was not planning on getting my RE license.
Any assistance with this would be greatly appreciated. Thanks!